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Suppose that in 2009 the money supply was $100 billion and real GDP was $300 billion. In 2010, money supply increased by 10 percent and real GDP increased by 5 percent. Nominal GDP in 2010 was $660 billion.
i) What was the price level in 2010? What was the velocity of money in 2010?
ii) Suppose that velocity was constant. What was the price level in 2009? What was the inflation rate in 2010?
Return again to the cartel in Problems 4 and 5. Now suppose that the market game repeated indefinitely. What is the discount factor (sigma) is necessary now in order to maintain the collusive agreement in an indenitely repeated setting
As we all know that at present it is not legal for parents who wish to adopt a child to pay the birth mother for, or to offer to pay for, the babies they adopt.
according to kluver what are the ramifications of technology and globalization on global communication?compare kluvers
For each of following changes, show/explain the effect on DEMAND CURVE and state what will take place to market equilibrium price and quantity (in the short run).
Why does Burton Malkiel favour index funds? Explain the types of index funds he favors in the book a Random Walk down Wall Street
Jason has been making equal annual payments of $7,500 to repay a college loan. He has just made an annual payment and now wants to pay off the rest of the loan immediately.
What method (formula) for computing price elasticity of demand gives you two dissimilar calculations when computing a price increase as opposed to computing a price decrease? Describe briefly.
Analyze and recommend a strategy for communicating the policy to the organization in a manner that meets the needs of the audience. Specify potential limitations of the policy and strategies for monitoring and compliance.
question 1 suppose that a frost in florida reduces the size of the orange crop which causes the supply curve for
suppose that there are two products clothing and soda. both brazil and the united states produce each product. brazil
What is the (1) marginal and (2) average tax rate paid for a firm of taxable income of:
Which of the following is a production decision?
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